Nonlinear Reaction of Monetary Policies to the Risks of Financial Markets in Iran
In this study, using the smooth transition regression (STR) and quarterly data during the period of 1997:1-2015:3, the nonlinear monetary policy functions of the Central Bank of Iran,regarding the risk of financial markets, be estimated. The results indicated that the risk of financial markets is an...
Main Authors: | , , |
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Format: | Article |
Language: | fas |
Published: |
Semnan University
2018-09-01
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Series: | مدلسازی اقتصادسنجی |
Subjects: | |
Online Access: | https://jem.semnan.ac.ir/article_3880_092bb06187ba58a08284ecf40c32aa71.pdf |